Euler Price, Live Chart & Market Cap

Euler (EUL): Scalable Lending, Borrowing, and Yield Opportunities in DeFi

Overview of Euler (EUL)

Euler is a decentralized lending protocol on Ethereum. It enables open market creation for ERC-20 tokens. Users can lend, borrow, or manage positions with flexible risk controls. Euler fosters yield opportunities and community-led governance. EUL token holders shape upgrades, ensuring a dynamic DeFi ecosystem.

Euler (EUL): Permissionless DeFi Lending

Utility & Use Cases EUL

Lending and Borrowing

Supply tokens to earn interest or borrow assets against collateral. Flexible markets let traders pursue leveraged positions.

Staking EUL

Future plans may include staking for security. EUL holders could stake and help secure the protocol in exchange for rewards.

Governance Rights

EUL holders propose and vote on changes. Decisions cover interest models, asset tiers, or liquidity incentives, shaping Euler’s direction.

Yield Farming

Lock assets in Euler’s markets to gain yield. Users can pair this with external DeFi strategies, enhancing profit potential.

Flash Loans

Instant, uncollateralized loans that must be repaid in one transaction. Arbitrage or refinance positions swiftly with Euler’s liquidity.

Euler Technologies Overview

Modular Architecture

Euler V2 supports custom vaults for diverse assets. Developers can deploy isolated lending pools with tailored parameters.

Oracle Integration

Euler uses on-chain Uniswap TWAP feeds. Tiered oracles reduce price manipulation risks for long-tail tokens.

Gas Optimization

Batch transactions let users combine actions, saving fees and streamlining complex DeFi operations in one step.

Audited Contracts

Multiple security firms reviewed the protocol. Post-hack measures include continuous audits and bug bounties.

MEV-Resistant Liquidations

Euler’s design mitigates frontrunning in liquidation events. This promotes fair execution and stable markets.

Funding

Euler raised private capital through seed and Series funding led by Paradigm, Haun Ventures, and others. No public ICO was conducted. Early participants received EUL via liquidity incentives or airdrops, supporting protocol adoption. The team has collectively secured over $40 million to drive development and audits.

Roadmap

Expansion to Layer-2

Euler plans to deploy on L2 networks for lower fees and broader reach. Bridging EUL governance is included.

Staking Module

A proposed security module would let EUL holders stake tokens. This may offer rewards and enhance backstop protection.

Ongoing Audits

Continuous code reviews and bug bounties are planned to maintain robust security as new features roll out.

Euler Security & Audit Reports

Euler has undergone audits by multiple firms, including Solidified and Halborn. After a major exploit in 2023, funds were recovered, and the team reinforced security with continuous testing. EUL holders help govern upgrades for added protection.

FAQ

How to stake EUL?

Governance is discussing a staking module. Once active, holders can lock EUL to secure the protocol and earn rewards.

How to set up a Euler wallet?

Euler supports any standard DeFi wallet, like Metamask. Connect your wallet on the official app to begin using Euler.

What makes Euler different?

It offers permissionless market creation, giving users access to more tokens than many competing lenders.

Is Euler audited?

Yes. Multiple security firms reviewed its smart contracts, and the team continuously updates them post-hack.

Does Euler charge high fees?

Euler’s model includes dynamic interest rates. Transaction costs depend on Ethereum gas and chosen strategies.

Can I earn yield on smaller tokens?

Yes. Euler’s isolation tiers allow listing of diverse ERC-20 assets, enabling new yield opportunities for various tokens.

Top Crypto Exchanges to Trade Euler (EUL)

#	Exchange	Pair	Price	24h Volume
1	KuCoin	EUL/USDT	~$2.69	$26,944
2	MEXC	EUL/USDC	~$2.71	$25,876
3	MEXC	EUL/USDT	~$2.71	$54,888
4	Uniswap V3 (Ethereum)	0XD9FCD98C.../0XC02AAA39...	~$0.0011	$29,659
5	HTX	EUL/USDT	~$2.7	$81,679
6	CoinEx	EUL/USDT	~$2.76	$2,619.97
7	Trubit	EUL/USDT	~$2.74	$950,258
8	Kraken	EUL/USD	~$2.71	$8,160.94
9	Uniswap V3 (Ethereum)	0XD9FCD98C.../0XDAC17F95...	~$2.73	$105.37
10	Kraken	EUL/EUR	~$2.46	$4.27
11	Niza Global	EUL/EUR	~$2.46	$4.27
12	Uniswap V2 (Ethereum)	0XD9FCD98C.../0XC02AAA39...	~$0.0011	$61.34
13	Balancer V2	0XD9FCD98C.../0XC02AAA39...	~$0.0011	$40.62